+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28449

4

Bedrooms

192 sq.m.

Square

Parameters

Property Description

Brand-new luxury 4 bedroom villa in exclusive project which is situated in prestigious district of Paphos. The residences is a new development in the beautiful outskirts of Chloraka, Paphos. The project consists of 5 amazing sea view villas ranging from 3 to 4 bedrooms, all with private pools in very close proximity to a variety of facilities such as restaurants, bars, shopping centres, private schools, hotels and supermarkets. Excellent location allowing enjoy of unique views of Mediterranean Sea and the exceptional sunset of Paphos. Innovative design from our team always with respect to the environment, using of high quality sustainable materials with an energy Class A certi cate from the relevant authorities.

Features

Car park

Car park

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28449

4 bedrooms Villa in Chloraka, Paphos, Cyprus No. 28449

Features

Outdoor features

Car park

Car park

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